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Marc is turning more like The metalman by the day...
Runtime: 9min. 36sec.
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Re: Marc Faber: ALL should be "Bailout": Jan 12 2009 (9min.)
He suggested it would be equitable had Paulson and Bernanke bailed out everyone for losses from 2000, but of course that didn't and won't happen.
He suggests the markets can rally into March, but he would be selling into strength. He thinks economies that produce stuff will do worse than the US in 2009 during a global crunch (my word), just as the US did better than the rest of the world in 2008, i.e. it went down less.Jim 69 y/o
"...Texans...the lowest form of white man there is." Robert Duvall, as Al Sieber, in "Geronimo." (see "Location" for examples.)
Dedicated to the idea that all people deserve a chance for a healthy productive life. B&M Gates Fdn.
Good judgement comes from experience; experience comes from bad judgement. Unknown. -
Re: Marc Faber: ALL should be "Bailout": Jan 12 2009 (9min.)
Thanks Jim for the summary.Originally posted by Jim Nickerson View Post
If I was nice, I would have done it for this one too, but I felt lazy.
I will do better next time!Comment
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